College endowments spearheaded the use of hedge funds and alternative investments throughout the 90s and into the early 2000s. This paper, written in 2010, examines that trend and the fallout that many endowments encountered from the financial crisis. There are more than a few “rhymes” with the current environment.
Tag Archives: deflation
BIG CYCLE, LITTLE CYCLE, OR NO CYCLE?
The improving economy and rising interest rates have helped boost value stocks. If history is any guide, this cycle has a long way to play out.
ELIGUS 